Owners shedding older tonnageVessel & ROV News // June 12, 2015
With tough times being endured in the offshore oil and gas sector, a number of vessel owners are looking to move on some of their older tonnage.
Broker Seabrokers says this has led to a significant increase in sale and purchase activity.
Among others, Atlantic Offshore recently sold its 1972-built ERRV Ocean Sun, Farstad has sold its 1990-built PSV Far Superior, Siem Offshore has sold its 2005-built PSV Siem Sasha and Solstad Offshore has sold its 1985-built AHTS vessel Normand Jarl.
As Seabrokers also noted in its most recent monthly report, Solstad has also recently entered into a Memorandum of Agreement to sell its 1986-built AHTS vessel Normand Skarven.